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Century City Condominium Market Report for February 2010

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

Century City Condominium Market Report for February 2010

February is always a short month, hence generally there are fewer transactions compared to the rest of the months. In spite of this natural phenomenon, there were 278 Active Condominium listings in what we call in the Multiple Listing Service as Century City/Westwood area.

Interestingly there were 26 properties that were in Escrow, of which 15 buyers have removed all their contingencies and 11 buyers are still waiting to remove their investigation and loan contingencies.

There were 17 Condominiums that Sold in the month of February.

The least expensive sale was a 2 bedroom 2 bath 929 sq ft Condominium and it sold for $375,000.00 a great value for the size and location. At the opposite spectrum the most expensive sale was $1,900,000.00 which was a 3 bed 2.5 bath 2,757 sq ft of living space on Wilshire Blvd in one of the newer full service buildings.

If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at homes@endrebarath.com  or visit one of my websites at http://www.endrebarath.com  Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.  

 

Comments (2)

Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

Hi Endre:

It's great to hear that your condo market is doing well there...

Best wishes for a successful 2010!!!

Mar 08, 2010 01:02 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hi Toula, thank you for stopping by. The market has picked up a bit compared to last year. Feels good.

Mar 09, 2010 12:10 PM